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Company No. SC062650 · Incorporated 4 Jul 1977

One for Fun Limited

Registered name: ONE FOR FUN LIMITED

Part of Merino Industries Ltd group

One for Fun Limited made £19.5m revenue and £262k profit in the year to 31 Dec 2024.

One for Fun Limited’s revenue was £19.5m in the year to 31 Dec 2024, with £262k profit and 73 employees. The company is classified under “manufacture of other games and toys,” and is based in Glasgow; we hold 3 years of its filed accounts.

Full P&L filedSection C · ManufacturingSIC 32409Manufacture of other games and toys, n.e.c.
Status
Active
Location
Glasgow, Scotland
Age
49 yrs · since 1977
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “H Grossman Trading Limited”

Latest accounts · year to 31 Dec 2024

Key figures

Revenue
£19.5m
Growth —
Profit
£262k
Growth —
Profit margin
1.3%
Gross 30.6%
Employees
73
Change —
Profit / employee
£3.6k
Revenue/employee £268k
Profitable streak
3yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

3 filed years

Financial history

Multi-year financials, oldest to newest
Year to30 Jun 202231 Dec 202331 Dec 2024
DisclosureFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£25.9m£31m£19.5m
Cost of sales£18.8m£21.7m£13.6m
Gross profit£7.1m£9.3m£6m
Operating profit£1.6m£1.3m£1.1m
Profit before tax£1m£186k£323k
Profit after tax£823k£152k£262k
Profit (best available)£823k£152k£262k
Staff costs£3.1m£4.2m£2.6m
Employees (average)828173
Ratios
Profit margin3.2%0.5%1.3%
Gross margin27.4%30%30.6%
Revenue per employee£316k£382k£268k
Profit per employee£10k£1.9k£3.6k
Balance sheet — indirect signals, not revenue
Cash at bank£329k£184k£297k
Net assets£3.6m£3.5m£3.9m
Fixed assets£1.6m£1.7m£2.2m
Current assets£13.3m£11.5m£10.4m
Debtors£4.6m£3.5m£3m
Deferred income£534k£408k£597k
SourceFullAccounts · bulk data Feb 2025FullAccounts · bulk data Feb 2025FullAccounts · bulk data Dec 2025
Derived from the latest filing

How the business works

Profit margin
1.3%
Profit ÷ revenue.
Gross margin
30.6%
Gross profit ÷ revenue. High for software and services.
Revenue per employee
£268k
Revenue ÷ average employees.
Profit per employee
£3.6k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
11.3%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
3.1%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
15.1%
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
—
Now £3.9m
Cash at bank
—
Now £297k
Headcount
—
Now 73
Deferred income
—
Now £597k
Fixed assets
—
Now £2.2m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

  1. Merino Industries Ltdultimate parent75–100%
  2. One for Fun International Limited75–100%
  3. H Grossman Trading Limited75–100%
  4. One for Fun Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Minority corporate shareholders

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

Sources

Latest figures from FullAccounts for the year to 31 Dec 2024 (profit £262k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.